OceanaGold's Waihi North project remains on track for first ore in 2032
OGC•OceanaGold says its Waihi North project remains on schedule for first ore in 2032, with decline development exceeding 500 meters. The company is evaluating a possible processing expansion to as much as 1.2 million tonnes annually.
1. Project schedule
Waihi North remains on track for first ore in 2032, and decline development has exceeded 500 meters. Technical evaluations are considering whether Martha Underground mining can continue beyond 2033 as mining begins at Wharekirauponga Underground.
2. Other project updates
A potential processing plant expansion could raise annual throughput capacity to as much as 1.2 million tonnes. An updated Waihi District technical report with revised reserves, resources and mine plans is scheduled for January 2027. Palomino Underground remains on track for first ore in 2028, with connecting decline development advancing during the third quarter.
